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Headley deposes on associate's role in 26/11: All you need to know about Tahawwur Rana

Feb 11, 2016 at 19:37 | Source: FirstPost

After David Headleys depositionon Thursday, Tahawwur Rana is back in the news.On Thursday, Headley revealed more details about the 26 November attacks in a deposition giving the names of the people involved in the attacks and the extent of their invo...

Wipro to acquire US-based HealthPlan Services for Rs 3,150 crore

Feb 11, 2016 at 18:36 | Source: FirstPost

New Delhi: Wipro today said it will acquire HealthPlan Services for USD 460 million (about Rs 3,150 crore), a move that will help the country's third-largest software services firm strengthen its position in the US health insurance market.Wipro to ac...

Market crash: Rs 3.13 lakh cr wealth wiped out as Sensex falls 807 pts on global woes, weak banks

Feb 11, 2016 at 18:18 | Source: FirstPost

In a massive fall that engulfed the world equity markets, Indian shares mirrored the bearish sentiment mainly battered by continuing concerns about a global economic slowdown and disappointing quarterly earnings from the PSU banking entities.With cur...

Bloodbath: Rs 3.13 lakh cr wealth wiped out as Sensex falls 807 pts on global woes, weak banks

Feb 11, 2016 at 17:23 | Source: FirstPost

In a massive fall that engulfed the world equity markets, Indian shares mirrored the bearish sentiment mainly battered by continuing concerns about a global economic slowdown and disappointing quarterly earnings from the PSU banking entities.With cur...

Good news in bad loans: From SBI to PNB, banks are aggresively revealing their NPAs and credit goes to Rajan

Feb 11, 2016 at 17:04 | Source: FirstPost

The spike in bad loans reported by state-run banks, including State Bank of India (SBI) in the December quarter, has sent panic waves in the stock market.Shares of most of the government banks have been dumped by investors as reports of high non-perf...

Amazon invests in Tata group-owned publishing house Westland

Feb 11, 2016 at 14:19 | Source: FirstPost

Westland, a subsidiary of Tata group-owned Trent Ltd, on Thursday announced it had received investment from Amazon in support of its publishing business. The amount has been not disclosed.The investment by Amazon will enable Westland to expand their ...

Here's why Mukesh Bansal quitting Flipkart is not really the news

Feb 11, 2016 at 13:28 | Source: FirstPost

Myntras Mukesh Bansals exit from Flipkart has shaken the ecommerce turf. This is similar to what happened when Flipkart acquired online fashion retailer Myntra in 2014. This acquisition helps us grab a bigger market share and compete better, said Bin...

Enjoyed every minute of my time at Flipkart: What Mukesh Bansal said about his 'fairy tale' stint

Feb 11, 2016 at 12:51 | Source: FirstPost

Mukesh Bansal, who joined Flipkart when the ecommerce giant took over Myntra, has decided to move on, the company said in a press release on Wednesday.The unexpected move comes soon after the top level rejig at Flipkart, which saw Binny Bansal taking...

Headley deposes on associate's role in 26/11: Here's an all you need to know about Tahawwur Rana?

Feb 11, 2016 at 12:36 | Source: FirstPost

After David Headleys depositionon Thursday, Tahawwur Rana is back in the news.On Thursday, Headley revealed more details about the 26 November attacks in a deposition giving the names of the people involved in the attacks and the extent of their invo...

Are we ready? FIFA delegation to visit India to evaluate 2017 U-17 World Cup preparations

Feb 11, 2016 at 12:22 | Source: FirstPost

New Delhi: A high-powered FIFA delegation led by Head Of Competitions Jamie Yarza will be visiting India between February 14 to 20 to evaluate the preparations for next year's U-17 World Cup.In what will be the first full inspection from FIFA, they w...

Not economically viable: Coca-Cola suspends manufacturing at 3 Indian units, 300 jobs at stake

Feb 11, 2016 at 11:29 | Source: FirstPost

New Delhi - Coca-Cola India's bottling arm Hindustan Coca-Cola Beverages has suspended manufacturing at three locations in India citing absence of "long-term economic viability", which may affect at least 300 employees.The company has suspe...

Ishrat Jehan was LeT operative: David Headley deposes in Mumbai court on third day

Feb 11, 2016 at 10:29 | Source: FirstPost

Mumbai:In an explosive disclosure on Thursday, Pakistani-American terrorist David Headley told the Mumbai court that there was an LeT operation to shoot police at some naka. "One woman from LeT named Ishrat Jahan was involved," Headley said...

'He was in India just before 26/11, but I told him to leave': Headley opens up on 'friend' Tahawwur Rana

Feb 11, 2016 at 09:22 | Source: FirstPost

Mumbai:Pakistani-American terrorist David Coleman Headley on Thursdaycontinued his deposition for the third day before a court in Mumbai.Deposing from an undisclosed location in the US, Headley had told special judge G A Sanap that ISI was helping di...

Asia stocks subdued, safe-haven bonds still rule| Reuters

Feb 11, 2016 at 06:45 | Source: FirstPost

SYDNEY Asian shares sputtered on Thursday as U.S. Federal Reserve Chair Janet Yellen's tone of guarded optimism led to an indecisive finish for Wall Street and further weakness for the dollar.While European banks found a moment of stability, a renewe...

With TPP advancing, India pins hopes on China-backed trade bloc| Reuters

Feb 11, 2016 at 05:45 | Source: FirstPost

NEW DELHI India, concerned at being sidelined from the U.S.-led Trans-Pacific Partnership (TPP), is stepping up efforts to reach agreement with an alternative trade bloc centred around China, and hopes to reach a deal this year.New Delhi has long bee...

S&P 500 erases gains on global growth fears; Europe stocks rise| Reuters

Feb 11, 2016 at 04:45 | Source: FirstPost

NEW YORK Most U.S. shares ended little changed to lower on Wednesday, erasing early gains on concerns about global growth and sliding commodity-related shares, while greater calm surrounding the European banking sector boosted that region's shares.Th...

S&P 500 ends flat; Fed sees risks but unlikely to reverse course| Reuters

Feb 11, 2016 at 04:30 | Source: FirstPost

The S&P 500 ended flat on Wednesday, losing gains late in the session as investors digested comments by Federal Reserve Chair Janet Yellen, who kept options open for more rate hikes but also saw risks to the U.S. economy.The Dow and S&P 500 p...

Carlsberg aims to strengthen position in India - CEO| Reuters

Feb 11, 2016 at 04:15 | Source: FirstPost

COPENHAGEN Danish brewer Carlsberg said on Wednesday it swung to a pretax loss of 1.73 billion Danish crowns ($261.8 million) in 2015 after it booked impairment and restructuring charges of around 10 billion crowns, mainly in the third quarter.It was...

RBI net sold $179 mln in spot in Dec, intervened in futures - bulletin| Reuters

Feb 11, 2016 at 03:30 | Source: FirstPost

MUMBAI The Reserve Bank of India (RBI) sold a net $179 million in spot exchange markets in December compared with net buying of $15 million in November, while also intervening in the futures markets, it said in a monthly bulletin on Wednesday.In spot...

Wall Street rebounds; Yellen eases concerns about economy| Reuters

Feb 11, 2016 at 02:45 | Source: FirstPost

U.S. stocks were higher on Wednesday afternoon after three straight sessions of losses as comments by Federal Reserve Chair Janet Yellen eased investor concerns about the U.S. economy's ability to absorb a gradual rise in interest rates.But indexes w...

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